Word: congression
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...Congress agreed to extend unemployment benefits to a 59-week period last year. According to The New York Post, Wayne Vroman, an economist at the Urban Institute, estimates that up to 700,000 people could exhaust their extended benefits by the second half of this year. Since net job losses could continue well into 2010, and unemployment is likely to top 10%, the figures for people receiving no financial support at all could move well above one million before the end of the year and actually increase after that. (See pictures of the global financial crisis...
When Bob Schieffer of Face The Nation asked Secretary Geithner if the Administration would have to go back to Congress for more stimulus money because of rapidly rising unemployment, the bureaucrat refused to answer directly, acting as if he believed he would be struck by a bolt of lightning if he did anything beyond dissembling...
...going to be enough." The amounts by which all of the current programs to stimulate the economy, underwrite the banking system, and help millions of people with mortgages is so much larger that was planned just three months ago that it is not realistic to think that the Congress will provide another enormous infusion of funds or that the Treasury has the capacity to borrow them...
...early March, 38 members of the U.S. Congress sent a joint letter to Secretary of State Hillary Clinton highlighting the fact that Sri Lanka is one of eight “Red Alert” countries experiencing ongoing or imminent genocide, referencing a ranking produced by the New York-based Genocide Prevention Project. Human Rights Watch had reported that, from early January to the end of February alone, over 2,000 Tamil civilians had been killed and over 7,000 injured. More recently, government forces continue to kill or maim an average of 100 civilians...
...Another contentious point on the agenda is the continuing effort in the U.S. Congress to recognize the 1915 mass killings of Armenians by Ottoman Turkish forces as a genocide, a term Turkey rejects. While campaigning, Obama said he would recognize the killings as genocide but has given no sign that he will raise the issue while here. He may be helped by the fact that Ankara is quietly working to normalize relations with Armenia and is expected to re-open its border shortly. That announcement could be made during the Obama visit...